my tendency to spend at least 40”-1’ for an educated guess on difficult questions that I know it would take me way too long to solve. I never immediately guess, unless I’m 4’+ late and I see a very tough question on one of my weaknesses.
Let’s translate this into business terms. You have $50 million to invest in start-ups. Your plan is to invest roughly $5m per month for the next 10 months. You’re 2 months in and you’ve invested only $8m so far, so you’re a little “ahead” / have some “extra” money.
You’re presented with an opportunity to invest in a company that you think isn’t a good risk. You’re probably going to lose your money. But…hey, you’ve got some extra money, so why not give them $1m since you have it?
See where I’m going with this?
You’re not actually making a business decision on this test when you invest just because you “have the money” or when you refuse to bail unless / until you’re already in a deep hole (4+ minutes behind). That's showing that you’re still in the “It’s school / I’m supposed to get everything right” mindset—so that's the #1 thing we need to change.
You said that you've read those articles before. You presumably "know" this stuff on an intellectual level. But your actions are still "old school." So let's take this to a more concrete level: What specific steps do you want to be able to take when faced with various scenarios, such that you are making exec decisions, not school decisions?
Level 1 is the Immediate Bail. These are questions that I already know from past / my history that I'm really unlikely to get right or I'm really likely to spend way too long on or I'm really likely to get frustrated or blow a lot of mental energy...or any combination of the above.
First, when I see something like this (will define how to know what "something like this" is in a minute), my first and only goal is to get out as fast as possible. No educated guessing. My favorite letter is "B" (what's yours?) and my sole goal is to be able to recognize these and guess B within 30 seconds so that I'm saving as much time and mental energy as possible.
"Something like this" = two broad categories:
(1) Specific content areas or question types that I know I hate and that aren't super-common on the exam. Eg, I hate combinatorics and 3-D geometry. Those are also not commonly tested, so I can bail on every one that I see. If I hated all of geometry in general...I probably couldn't bail on all of them. I'd need to learn how to do some and narrow the bucket of "what I hate in geometry" a bit.
(2) Problems that are too annoying. I define "too annoying" as 3-4+ annoying characteristics in a single problem. The problem pops up on the screen and I immediately see that it's a roman numeral (which always takes longer, so that's objectively annoying for the whole world). I start to read and see it's got 4 variables. I personally find that annoying. And it's a rate problem. Ugh. I like rate problems with real numbers, but not with variables, and certainly not 4 variables!
At this point, I'd be out. It's got 3
big annoyances. I'm not interested. On my last official test (when the Q section still had 37 questions), I did the above on 8 problems. Eight. Not a typo. I did not make an educated guess on any of those; I guessed B on every single one. My last two problems in the section were combinatorics and cylinders. I had like 10 minutes left; I bailed on both anyway. If they had been the first two questions in the section, I still would have bailed on both
because I hate them. I still scored 48 (out of 51) on the quant section.
I'm focusing above on quant because that's my weaker section. Because that's (by far) my stronger section *and* because verbal is by nature about process of elimination, I'm more likely to give a verbal problem at least a minute. I will still sometimes bail at the 1m mark, but that's usually because I can tell that I don't understand something in the sentence or argument or question stem or whatever.
Let's also talk about Level 2. So the Level 1 Immediate Bail is good for about 4-5 questions in the section (now that they've shortened the Q and V). Every question on which you don't immediately bail gets a 1 minute "trial period"—and then you're going to make another decision about whether to invest more.
1 minute is the halfway mark for most of the question types. On those types, by the halfway mark, you want to understand what's going on and have a good plan for how you're going to try to get to the answer. If you don't have those pieces, don't keep going down this path. Instead, ask yourself whether there's a decent way to make an educated guess on this one. If so, you can still choose to invest the second minute, but you're going to invest that minute on trying to find wrong answers vs. trying to find the right one. And if you don't already see a decent way to make an educated guess, then pick your favorite letter right now and save that whole 30-60 seconds that you still have left for some other problem.
Think about everything I've said so far. Now tell me what you think you should do in the various scenarios you listed. (I've finished typing and I'm coming back up here to add: This is probably the most important thing of this entire post. You need to figure this out / articulate this yourself so that you really internalize it.)
what I find difficult to understand is that although in both CATs I had a severe time management problem–with CAT1 being even worse than CAT5–and despite the fact that on CAT1 I got questions, on average, that were far easier than in CAT5, I still scored better on CAT1!
Where did you
end in each section? On the GMAT, where you end is what you get.
I'll add a couple of other things. It's not uncommon to have a string of 3-5 wrong somewhere in the section. If it's going to happen anywhere, the one place you don't want it to happen is at the end...because then you have no time to recover / pull your score back up. And where you end is what you get. If it happens early or in the middle, you can still work your way back up.
I find it a lot trickier to guess on Verbal
How much time have you spent
studying how to guess in verbal? If you're like most people, probably not much.
When you're reviewing, review everything. Identify ALL of the questions on which you narrowed to two and guessed, even when you guessed right. And answer these questions:
(1) Why was the wrong answer so tempting? why did it look like it might be right? (be as explicit as possible; also, now you know this is not a good reason to pick an answer)
(2) Why was it actually wrong? what specific words indicate that it is wrong and how did I overlook those clues the first time?
(3) Why did the right answer seem wrong? what made it so tempting to cross off the right answer? why were those things actually okay; what was my error in thinking that they were wrong? (also, now you know that this is not a good reason to eliminate an answer)
(4) Why was it actually right?
Most people don't analyze #1 and #3—but falling into a trap on verbal is literally the same thing every time: you think a wrong answer is better than the right answer. And there are two mistakes there: liking the wrong answer and doubting the right answer. So if you can learn how they set those traps for you, you're less likely to fall into them in the first place AND you're able to use that knowledge to make a better educated guess when you don't know which one's right. Win-win!
All other things being equal, I do think CR and certain RC questions are the best place to guess. SC is already a shorter type, so you don't have as much time to save. (But if SC is your weakest area, then try to ID some superficial clues that can push you towards a fast guess / immediate bail, such as a fully-underlined sentence.)
Oh and one more thing about guessing. Random guess = I dunno, pick my favorite letter (the same letter every time), move on. Educated guessing isn't really a guess in the same sense. Educated guessing really means "I narrowed down the answers in a legit way and improved my odds of getting this right." Since you only need about 60% correct, if you get yourself down to 2 or 3 answers, your odds are really good. If I can narrow to 2, I don't even consider that educated guessing at all. I consider that I've legitimately answered that question, even if I'm not sure between the final two. This isn't a school test. I don't need to get them all right.
would you recommend taking 1-2 CATs per week (with full review) to adjust my time management and guessing strategies?
First, I never recommend more than 1 CAT per week for anyone in any circumstance ever. You don't get better while taking a CAT. It's too long and there's too much going on. You can hone any strategies, including time management and guessing, by doing smaller sets of questions. Iterate: Do a set, study what that set tells you that you need to study, then do another set the next day. You can't take a practice test every day—your brain would get fried and you'd never remember any of it.
This article series talks about making various kinds of problem sets; read through and use what's relevant for your current stage.
http://www.beatthegmat.com/mba/2017/01/ ... est-part-1You can also use the online learning platform for the Official Guide book to do completely random sets of OG problems.
For quant, I highly recommend the official product GMAT Focus (get it at
www.mba.com). This is a quant-only problem set of 24 questions—but it's adaptive just like the real test, so it will push you in the same way that the real test does. (Sets from OG are random but not adaptive, so it's not quite the same.) For a non-adaptive set, I would keep it to about 12 problems per set max on quant.
I know your last question is probably the one you most want an answer to and I can't answer it. I can't predict that. I do know that your score will go up if you can fix these timing / mindset issues. That's very clear from the data. It may be enough to get you all the way to 650. You may have to do a bit more work on content. But since you know you need to do that first, start there and let's see where that gets you. Then you can see what else you may need to do.
If you find that you're just not getting your head wrapped around what you need to do to get into the exec mindset, then you may benefit from a couple of targeted sessions with a tutor. That's very expensive (not nearly as expensive as b-school, but still), so I don't like to suggest it unless someone asks me about it themselves first. But I hear your frustration and I'm worried that you'll just continue to feel like you're banging your head against the wall. I think you can do this but it's possible that you'll need a boost to help you get there. So just file that thought away—if you feel like you're ready to give up or completely lost motivation, you do have that option.
Okay, I gave you a lot so I'll stop there. Tell me what you think about all of the above.